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MLB

How much will 2023 MLB first-round draft picks make?

If you’re dipping your toes into the fascinating world of baseball’s draft system, let me regale you with a tale of assigned monetary values.

If you’re dipping your toes into the fascinating world of baseball’s draft system, let me regale you with a tale of assigned monetary values.
TIM NWACHUKWUAFP

Each pick in the first 10 rounds of the MLB draft comes with its very own price tag. It’s like a fancy store where the No. 1 overall pick is the most expensive item, and the rest follow suit in a delightful descending order. When you put each team’s picks in a blender and hit the “sum” button, you magically get the team’s total bonus pool.

It’s like a financial smoothie determining how much teams can spend in those first 10 rounds. If a player taken in the top 10 rounds decides to bail on signing, his team’s pool takes a little dip. Teams have a little wiggle room regarding the assigned value of a pick.

But how much does the first pick of the MLB draft make?

It’s like a game of financial limbo - teams can sign picks above or below the designated slot. However, they better watch out for the pool police because they’ll be penalized if they exceed their overall pool amount. It’s all about staying within the budget and avoiding those financial fouls!

1. Pirates: $9,721,000
2. Nationals: $8,998,500
3. Tigers: $8,341,700
4. Rangers: $7,698,000
5. Twins: $7,139,700
6. Athletics: $6,634,000
7. Reds: $6,275,200
8. Royals: $5,980,100
9. Rockies $5,716,900
10. Marlins $5,475,300
11. Angels $5,253,000
12. D-backs $5,043,800
13. Cubs: $4,848,500
14. Red Sox: $4,663,100
15. White Sox: $4,488,600
16. Giants: $4,326,600
17. Orioles: $4,169,700
18. Brewers: $4,021,400
19. Rays: $3,880,100
20. Jays: $3,746,000
21. Cardinals: $3,618,200
22. Mariners: $3,496,600
23. Guardians: $3,380,900
24. Braves: $3,270,500
25. Padres: $3,165,400
26. Yankees: $3,065,000
27. Phillies: $2,968,800
28. Astros: $2,880,700